First Trust NASDAQ-100 Technology Index Fund
QTEC
223 hedge funds and large institutions have $1.73B invested in First Trust NASDAQ-100 Technology Index Fund in 2020 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 63 increasing their positions, 85 reducing their positions, and 23 closing their positions.
39% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 23
8% more capital invested
Capital invested by funds: $1.6B → $1.73B (+$133M)
4% more funds holding
Funds holding: 214 → 223 (+9)
1.93% more ownership
Funds ownership: 60.59% → 62.53% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
26% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 85
82% less call options, than puts
Call options by funds: $366K | Put options by funds: $2.08M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
+$42.4M |
| 2 |
CM
Churchill Management
Los Angeles,
California
|
+$21.9M |
| 3 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$13.8M |
| 4 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$8.78M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$8.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$37.1M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$9.27M |
| 3 |
Morgan Stanley
New York
|
-$7.63M |
| 4 |
IWA
Intercontinental Wealth Advisors
San Antonio,
Texas
|
-$5.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.76M |
QTEC Hedge Fund Activity: Q3 2020 in Review
223 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q3 2020, worth a combined $1.73B — up 8.3% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new QTEC positions and 23 closed out — a net gain of 9 holders — while 63 added to existing stakes and 85 trimmed.
The largest buyer was Total Investment Management, opening a new position worth an estimated $42.4M. The largest seller was First Trust Advisors, cutting an estimated $37.1M.
- 223 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q3 2020, up from 214 in Q2 2020.
- Funds reported $1.73B of First Trust NASDAQ-100 Technology Index Fund stock for Q3 2020, up 8.3% quarter-over-quarter.
- 32 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q3 2020 and 23 closed out, a net change of +9 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q3 2020 was Total Investment Management, an estimated $42.4M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q3 2020 was First Trust Advisors, an estimated $37.1M sold.
Based on aggregated 13F filings for Q3 2020.